Chinese sporting apparel manufacturer Anta is leading a consortium of investors to purchase Finnish brand Amer Sports for 5.6 billion euros, the Financial Times reports, in what would be the largest European investment by a Chinese company this year. Anta, China’s largest sportswear company by sales, hopes to incorporate Amer’s collection of sub-brands including ski […]
Category: Consumer
The run-up to the G20 meeting between Trump and Xi has been exhaustingly long, but the meeting is due to be held tomorrow China time. Our gut feel, a concept growing in popularity in terms of political analysis, is that some kind of ceasefire will be announced, with a delay on the imposition by the […]
Beijing plans to raise the tax threshold for e-commerce imports to allow consumers to spending more money on overseas goods online without paying tax. The move appears designed to boost consumption and kick-start a slowing economy, Caixin reports. The tax quota will be increased by 30%, from RMB 20,000 to RMB 26,000 ($3,750), according to an announcement […]
There is no certainty on how anything is going to go if it involves Donald J. Trump, but the peripheral evidence suggests the U.S. is going to hold to its a hard line on China at the G20 meetings next week. And if he was to pull some trick during the meeting to claim victory, […]
Dolce & Gabbana’s public relations nightmare raged on overnight with many of China’s leading online shopping platforms removing the Italian brand’s products from their listings. NetEase and Kaola were the first to announce that they will stop stocking D&G goods. Searches by Caixin found that market giants Tmall and JD.com had also delisted all products […]